You should feel comfortable with the information your advisor provides you and is complete and usable. Samples may not be available, but they may be able to access samples they previously created for customers and share them with you by deleting any specific information before reviewing. Devere Spain will help you understand how they work to help your customers reach their goals.
Besides, you can see how they track and measure their results and determine if those results are in line with target customers. Besides, if they can show you how they assisted the planning process, then you will be told that they are actually doing financial "planning" and not just investing.
There are several ways in which advisors can be compensated. The first and most common method is for consultants to receive a commission for their services. The second, more recent form of compensation is that the advisor is paid a percentage of the client's total assets under management. This fee is billed to the customer annually and is usually between 1% and 2.5%. This is also more common with some equity portfolios being managed at their discretion.
Some consultants believe this will become the standard of compensation in the future. Most financial institutions offer the same amount of compensation, but there are cases where some companies compensate more than others, creating a potential conflict of interest. It is important to understand how your financial advisor is compensated so that you know any advice in their best interest and not in your best interest.
It is also very important for them to know how to speak freely to you about how to get compensated. The third payment method is the adviser prepaid when purchasing equipment. This is usually charged as a percentage but usually a higher percentage, around 3% to 5% as a one-time fee.